Politics

Bloomberg on Gas Tax (Yes), Nuclear Power (Yes), Ethanol (No)

The ramp-up to Mike Bloomberg's big Earth Day roll-out continues.

In radio address this morning, the mayor managed a trifecta of proposals that many energy experts will love but which, it's probably fair to say, most vote-seeking, non-billionaire politicians would hesitate to touch with a ten-foot pole.

He pushed for "raising the gasoline tax," and compelling car manufacturers to make more energy-efficient cars.

As for new sources of energy, "the only rational answer," Bloomberg said, is to look towards nuclear power.

Bloomberg also dismissed the idea of relying to heavily on ethanol. (Hello, Iowa!)

More details later.

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